Tag: Meta VR headset

Meta Debuts New Subscription Service for Its Virtual Reality Headsets
Technology

Meta Debuts New Subscription Service for Its Virtual Reality Headsets

[ad_1] Meta Platforms Inc. is launching a new subscription service for its virtual reality headsets.Meta Quest will cost $7.99 per month for access to two gaming titles each month, Chief Executive Officer Mark Zuckerberg said on his Instagram channel Monday. The VR subscription is the latest way Meta is trying to make money from its headsets, after disappointing sales. In March, Meta slashed the prices of its VR headsets by up to 33%. In June the company lowered the price of its Quest 2 headset a second time, after announcing the launch of its Quest 3, which will debut in September. Meta is still losing money on its virtual reality ambitions. Last year the company lost $13.7 billion in its Reality Labs division, the part of the company that makes virtual reality technology.Meta's VR sub...
Mark Zuckerberg’s $1499 Headsets Won’t Help Meta
Technology

Mark Zuckerberg’s $1499 Headsets Won’t Help Meta

[ad_1] In his annual virtual reality conference, Mark Zuckerberg focused on a device that hardly anyone will buy. As Mark Zuckerberg spoke to the camera in a pre-recorded presentation on Tuesday to kick off Meta Platforms Inc.'s annual virtual reality conference, he needed to address the elephant in the room: Enormous skepticism had grown around his vision for the metaverse.New users were finding his main Horizon platform buggy, and employees were getting antsy about the radical shift to virtual reality that Zuckerberg announced at this event one year ago. They needed a good reason to believe in his vision, but the Facebook co-founder didn't give them one. Instead, he doubled down on wowing people with cutting-edge tech, unveiling an expensive, high-end headset that hardly anyone will...